Post by S Treight on Feb 26, 2010 14:21:40 GMT -8
Some people are very, very close but just a little off. Suppose you are building a condo project. What's the second worst thing to going into receivership? That's right! It's your financing bank going into receivership! You just might wonder why a bank that has $40 million plus into a condo project has gone into receivership. I'm sure the bank was receiving all the payments on the project. Of course it was. That wouldn't have anything to do with why the bank just might have gone into receivership.
You have to ask the right questions.
You have to ask the right questions.